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NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)

12 Months Ended

Jun. 30, 2022

Noncontrolling Interest [Abstract]

SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST

The Company had non-controlling interests in several of its subsidiaries. The balance of non-controlling interest was as follows:

 SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST

SUBSIDIARY		Non-Controlling Interest %				Non-Controlling Interest at June 30, 2022
NetSol PK			32.38	%		$	5,479,905
NetSol-Innovation			32.38	%			49,146
NetSol Thai			0.006	%			(196	)
OTOZ Thai			5.60	%			(30,768	)
OTOZ			5.59	%			(47,698	)
Total						$	5,450,389

SUBSIDIARY		Non-Controlling Interest %				Non-Controlling Interest at June 30, 2021
NetSol PK			33.88	%		$	7,101,883
NetSol-Innovation			33.88	%			136,611
NetSol Thai			0.006	%			(208	)
OTOZ Thai			0.006	%			(52	)
OTOZ			5.00	%			(22,761	)
Total						$	7,215,473

SCHEDULE OF CHANGE IN OWNERSHIP INTEREST

SCHEDULE OF CHANGE IN OWNERSHIP INTEREST

			1				1
		For the Years
		Ended June 30,
		2022				2021
Net income (loss) attributable to NetSol		$	(851,156	)		$	1,778,257
Transfer (to) from non-controlling interest
Increase in paid-in capital for purchase of 2,000,000 treasury shares of NetSol Pk’s common stock			36,403				-
Net transfer (to) from non-controlling interest			36,403				-
Change from net income (loss) attributable to NetSol and transfer (to) from non-controlling interest		$	(814,753	)		$	1,778,257

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- Definition

Schedule Of Change In Ownership Interest [Table Text Block]

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- Definition

The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4M
-URI https://asc.fasb.org/extlink&oid=120409616&loc=SL4591554-111686

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